Wednesday, Sep 12, 2018

TOP STORIES

BT EXCLUSIVE

Fintech venture builder Forum targets Asean consumer finance

IT isn't a natural comparison to make between Ukraine and the emerging countries in...
PUBLISHED Sep 12, 2018 05:50 AM

Singapore still the top choice for US investments in Asia

SINGAPORE remains the biggest catchment area for American direct investments in Asia...
PUBLISHED Sep 12, 2018 05:50 AM
COMMENTARY

The rate of interest holds the key

BACK in November 2002, Ben Bernanke, then a governor of the US Federal Reserve, attended...
PUBLISHED Sep 12, 2018 05:50 AM
TEN YEARS AFTER LEHMAN

What could happen when the next crisis strikes?

Amid the inflated asset prices, excessive borrowing and threat of the unknown as central...
PUBLISHED Sep 12, 2018 05:50 AM

Landmark ruling lets Trikomsel unit liquidators tap commercial claims funder

IN THE first ruling of its kind, the High Court has made a declaration that gives the...
PUBLISHED Sep 12, 2018 05:50 AM

Business optimism moderates for Q4

BUSINESS sentiment has moderated slightly for the upcoming final quarter of 2018, ending...
PUBLISHED Sep 12, 2018 05:50 AM

ESG seeks co-investors in agrifood tech startups

ENTERPRISE Singapore's (ESG) investment arm Seeds Capital is seeking co-investment...
PUBLISHED Sep 12, 2018 05:50 AM

Eurozone headwinds to test ECB's confidence

WITH trade tensions, an Italian government bucking at deficit limits and emerging market...
PUBLISHED Sep 12, 2018 05:50 AM

COI into SingHealth cyber attack to hold more hearings

A TRANCHE of hearings, some of which will be open to the public, will start from Sept 21...
PUBLISHED Sep 12, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Takeover mechanisms matter in privatisation offers

AT Vard Holdings' extraordinary general meeting (EGM) in July, a number of...
PUBLISHED Sep 12, 2018 05:50 AM

OUE C-Reit to buy Shenton Way offices from sponsor for S$908m

OUE Commercial Real Estate Investment Trust (C-Reit) has agreed to buy the office...
PUBLISHED Sep 12, 2018 05:50 AM

Oei Hong Leong sells entire IPC stake

TYCOON Oei Hong Leong has sold his entire 32.96 per cent stake in mainboard-listed IPC ...
PUBLISHED Sep 12, 2018 05:50 AM

PEC bags S$250m worth of contracts in Middle East, Singapore

MAINBOARD-listed PEC has secured S$250 million worth of new contracts from existing...
PUBLISHED Sep 12, 2018 05:50 AM

Corporate digest

BIG Box Singapore (BBS), an indirect wholly-owned subsidiary of TT International, has...
PUBLISHED Sep 12, 2018 05:50 AM
STRATEGY SPOTLIGHT

Sustainable investing and the millennial investor

INSTITUTIONAL, corporate and retail investors are growing more socially-conscious as...
PUBLISHED Sep 12, 2018 05:50 AM

Chinese consortium plans to drop pursuit of Yum China

A CHINESE consortium including Hillhouse Capital is planning to drop its pursuit of a...
PUBLISHED Sep 12, 2018 05:50 AM
STOCKS

Trade woes drag STI to 1½-year low

WITH no end in sight for the trade tensions that have dogged markets in the past weeks,...
PUBLISHED Sep 12, 2018 05:50 AM

Brokers' take

CSE Global (CSE) remains upbeat about its outlook for the oil and gas business, which is...
PUBLISHED Sep 12, 2018 05:50 AM
CURRENCIES

Euro rally fades despite easing Italian woes, Brexit deal hopes

THE euro's bounce fizzled on Tuesday as a broad dip in investor appetite for risk...
PUBLISHED Sep 12, 2018 05:50 AM
EMERGING ENTERPRISE

Getting the smarts in money

WHEN a company's business model is built on a base of savvy consumers keen on...
PUBLISHED Sep 12, 2018 05:50 AM
EMERGING ENTERPRISE

More than a hotel-listing platform

UNLIKE many other tech startups out there, Zuzu Hospitality Solutions believes that...
PUBLISHED Sep 12, 2018 05:50 AM

REAL ESTATE

Private resale prices post first dip since July's property curbs

RESALE prices of private non-landed homes in Singapore took their first dip last month,...
PUBLISHED Sep 12, 2018 05:50 AM

GIC, GLP set up US$2b fund to acquire logistics facilities in China

SINGAPORE sovereign wealth fund GIC and logistics facilities provider GLP have teamed up...
PUBLISHED Sep 12, 2018 05:50 AM

HSR fined S$12,500, banned from dealing in foreign property for six months

PROPERTY agency HSR International Realtors has been fined S$12,500, and banned from...
PUBLISHED Sep 12, 2018 05:50 AM

BuildTech Asia to showcase industry technologies and smart solutions

THE latest industry technologies and smart solutions aimed at enhancing digital...
PUBLISHED Sep 12, 2018 05:50 AM

BANKING & FINANCE

McDonald's buns supplier Aryzta strikes deal with banks ahead of capital hike

ONE of the world's largest bakery companies, Aryzta, has agreed on an underwriting...
PUBLISHED Sep 12, 2018 05:50 AM

Grab partners Vietnamese firm for mobile payment service

GRAB announced on Tuesday its partnership with Vietnam's MOCA Technology and Service...
PUBLISHED Sep 12, 2018 05:50 AM

Nets notches a first by making its services available globally

SINGAPORE electronic payment network Nets will make its services available outside...
PUBLISHED Sep 12, 2018 05:50 AM

ENERGY & COMMODITIES

Australia cuts wheat forecast by 13% as drought hits economy

AUSTRALIA lowered its wheat forecast by nearly 13 per cent on Tuesday as a crippling...
PUBLISHED Sep 12, 2018 05:50 AM

North Sea drilling at 40-year low, risking growth targets

THE oil business has mostly recovered from a worst-in-a-generation crude price slump, but...
PUBLISHED Sep 12, 2018 05:50 AM

Glencore-led Aussie coal port wins court nod on US$3.2b debt refinancing

AUSTRALIA'S Wiggins Island Coal Export Terminal obtained court approval on Tuesday...
PUBLISHED Sep 12, 2018 05:50 AM

TECHNOLOGY

Amazon's plan to reach 500m India consumers: speak their language

ONLY 10 per cent of India's 1.3 billion people know English. Yet most of the country...
PUBLISHED Sep 12, 2018 05:50 AM

Samsung opens its biggest mobile store in the world in India

SAMSUNG Electronics Co Ltd opened its biggest mobile store in the world in India on...
PUBLISHED Sep 12, 2018 05:50 AM

CONSUMER

Prices soar as Europe potato farms bake in searing heat

WHETHER you call them chips, frites or French fries, it's shaping up to be a bad...
PUBLISHED Sep 12, 2018 05:50 AM

Alibaba inks US$2b Russian JV with Kremlin fund Mail.ru

ALIBABA Group Holding Ltd is setting up a US$2 billion joint venture with a Kremlin-...
PUBLISHED Sep 12, 2018 05:50 AM

Japan culls 546 hogs in first swine fever outbreak in 26 years

FOLLOWING Japan's first outbreak of swine fever in 26 years, a local government said...
PUBLISHED Sep 12, 2018 05:50 AM

TRANSPORT

STRAIT TALK

It's important to keep IMO at the helm

NOT so long ago, it seemed that international moves to combat global warming could lead...
PUBLISHED Sep 12, 2018 05:50 AM

Boeing raises China forecast but trade war turbulence could take a toll

BOEING Co raised its forecast for aircraft demand in China even as an escalating trade...
PUBLISHED Sep 12, 2018 05:50 AM

Boeing calling back retirees to fix 737 production snags

BOEING Co is bringing retired workers back on the job as the world's largest...
PUBLISHED Sep 12, 2018 05:50 AM

Greenland picks Denmark as airport project partner over Beijing

GREENLAND has picked Denmark as partner in a planned upgrade of two airports as it...
PUBLISHED Sep 12, 2018 05:50 AM

GOVERNMENT & ECONOMY

Chinese firms fleeing overseas to avoid US tariffs

A GROWING number of Chinese companies are adopting a crafty way to evade US President...
PUBLISHED Sep 12, 2018 05:50 AM

Trump received Kim's letter seeking 2nd meet: White House

US President Donald Trump has received a "very positive" letter from North...
PUBLISHED Sep 12, 2018 05:50 AM

UK pay growth beats forecasts as hiring levels off

BRITISH workers' underlying pay growth picked up faster than expected to a rate that...
PUBLISHED Sep 12, 2018 05:50 AM

LIFE & CULTURE

Online agony aunts a booming business in China

WONDERING if you have a sex addiction? Have a question about the US-China trade war'...
PUBLISHED Sep 12, 2018 05:50 AM

SP Group tees off for a good course, raises S$628,888

WHILE the weather last week was largely a gloomy affair, that did not stop more than...
PUBLISHED Sep 12, 2018 05:50 AM

Snakes on a plate: Vietnam's coiled cuisine

WITH their meat served up in a wide array of dishes and blood added to rice wine, snakes...
PUBLISHED Sep 12, 2018 05:50 AM

Olivia Newton-John diagnosed with cancer for third time

OLIVIA Newton-John, the Australian singer who found worldwide fame in the hit movie...
PUBLISHED Sep 12, 2018 05:50 AM

EXECUTIVE MONEY

The US stock market towers over others. But at what cost?

MUCH of the world has recovered from the global financial crisis of a decade ago, but one...
PUBLISHED Sep 12, 2018 05:50 AM

Roboadvisers get by with a little help from their (human) friends

THE robots may need some help from humans after all.
PUBLISHED Sep 12, 2018 05:50 AM

OPINION

The 'Blue Economy' and its vast potential

MANY investors are fascinated by the allure of the Blue Economy which aims to harness -...
PUBLISHED Sep 12, 2018 05:50 AM
THE BOTTOM LINE

China strengthens Africa ties with US$60b financing aid

LAST week, China played host to 53 African countries and unveiled its latest triennial...
PUBLISHED Sep 12, 2018 05:50 AM
EDITORIAL

Rising US-China trade tensions play into hand of trade hawks

THE escalating trade dispute between the US and China continues to simmer, with President...
PUBLISHED Sep 12, 2018 05:50 AM

A new legal entity for financial corporates to drive investments

FOLLOWING the public consultation on the proposed Singapore Variable Capital Company (S-...
PUBLISHED Sep 12, 2018 05:50 AM
COMMENTARY

Africa Rising will lift Singapore boats too

IF THERE is one thing that the recent Africa Singapore Business Forum (ASBF) reminded me...
PUBLISHED Sep 12, 2018 05:50 AM
COMMENTARY

Industry must help build Asean digital community

WHEN Kelvin Choa established his home hardware firm 20 years ago, he was already looking...
PUBLISHED Sep 12, 2018 05:50 AM

BREAKING NEWS

Dec 11, 2018 11:23 AM

May heads to Europe in bid to save Brexit deal under fire

[LONDON] British Prime Minister Theresa May will visit Germany's Angela Merkel Tuesday as she works to salvage her...
Dec 11, 2018 11:19 AM

ECB set to remove support as clouds gather

FRANKFURT AM MAIN] Policymakers at the European Central Bank will remove a key pillar of their support for the eurozone...
Dec 11, 2018 11:12 AM

Macron unveils new measures in bid to end 'yellow vest' revolt

[PARIS] Embattled French President Emmanuel Macron Monday announced a series of financial measures seeking to defuse...
Dec 11, 2018 11:08 AM

Singapore condo resale prices up in 0.2% in November following 3 months of declines: SRX

RESALE prices of private non-landed homes in Singapore increased in November, after three straight months of declines...
Dec 11, 2018 10:58 AM

Government Land Sales programme releases white site in Woodlands Regional Centre

A 2.75 hectare white site in Woodlands Regional Centre has been released for sale by the Urban Redevelopment Authority...
Dec 11, 2018 10:32 AM

China, US discuss next stage of trade talks

[BEIJING] China and the United States discussed the road map for the next stage of their trade talks on Tuesday, during...
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